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4-Unit Quadplex Apartment Property
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705 W Monroe Ave, Las Vegas, NV 89106

One- and two-bedroom layouts provide a varied unit mix in a Las Vegas multifamily property.

Property SizeContact for details
Days on Market133

Property Features for 705 W Monroe Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 4
Listing Agency: ABI Multifamily LLC
Listed By: Jason Dittenber · License #NV B.144976
Source: Crexi
Added: Apr 21 Changed: Aug 30 Last Checked: Aug 30 at 3:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ABI Multifamily LLC

Investment Insights

Based on property information with market context.

Located at 705 W Monroe Ave in Las Vegas, this four-unit apartment property offers spacious one- and two-bedroom floorplans. The unit mix provides a range of residential configurations within a compact multifamily asset.

The property is situated in the historic Westside neighborhood, near the College of Southern Nevada campus, ShareWestside, and the Fremont Street Experience. Access to I-15 and US-95 supports travel across the Las Vegas valley, including connections to employment, retail, and entertainment destinations.

Key Highlights

  • Four‑unit apartment property at 705 W Monroe Ave, Las Vegas, NV 89106
  • Spacious one- and two‑bedroom floorplans
  • Located in Las Vegas' historic Westside neighborhood

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Accounting Firm (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

854
Businesses Nearby

Demographics for 89106, NV

27,695
Population
10,906
Households
2.5
Avg Household Size
33
Median Age
11%
College-Educated
73%
High-School Grad
5.1 sq mi
ZIP Area
5,430
Density / Sq Mi
$38,848
Median Household Income
$31,265
Median Earnings
$1,169
Median Rent
$263,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - One- and two-bedroom layouts provide a varied unit mix in a Las Vegas multifamily property.
Where is this quadplex located?
The property is located at 705 W Monroe Ave Las Vegas, NV.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Four‑unit apartment property at 705 W Monroe Ave, Las Vegas, NV 89106; Spacious one- and two‑bedroom floorplans; Located in Las Vegas' historic Westside neighborhood
More about this property
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